Buying Power | Bit.Fan

Coinbase Bitcoin Premium Index Negative for 18 Consecutive Days, US Buying Power Remains Weak

Coinglass data shows the Coinbase Bitcoin premium index has been negative for 18 straight days at -0.1347%, signaling persistent weakness in US buying power. The index measures price differences between Coinbase and global averages; negative readings typically reflect heightened selling pressure and risk-off sentiment.

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Bitcoin

4 months agoNews Editor

Coinbase Bitcoin Negative Premium Index Weakens Again, Reflecting Persistent Slump in U.S. Buying Power

According to Coinglass data, the Coinbase Bitcoin negative premium index has ended its moderate easing trend from February to May and has weakened again since May 8. The index recently expanded sharply to -0.1323%, indicating renewed sustained weakness in U.S. purchasing power. The index measures the price difference on Coinbase versus the global average, with a negative premium suggesting heavier selling pressure, reduced risk appetite, or capital outflows from the U.S. market.

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